What is Reuters CEO Tom Glocer blogging about?
Published: Wednesday, December 12, 2007
-YOSH Tom Glocer is about to become CEO of the biggest financial media firm on the planet when the Thomson-Reuters merger closes but in the meantime he is blogging on everything from the music industry to what a CEO should be doing with his/her time. Well at least we know how he uses his down time. Don't get used to it though Tom because you are going to have a lot of people to layoff soon.Tom on the music industry: I am optimistic about the music business for several reasons: First, good music continues to be created - it is a natural human impulse. Second, digital technology has cut to near zero the costs of duplication and distribution (although also the cost of piracy). Third, great portable devices like i-pods and mobile phones have increased the consumption of music on the go. Fourth, social networking and video sites have increased the demand and the ability to share music. Fifth and finally, advertising is gaining acceptance as the payment to consume "free" content. He sounds more optomistic than the heads of the major record labels. Tom on what a CEO should do with his time: Over the past several years, some in the British media have suggested that I should have better things to do than spend my time on Facebook or other social networking or web services. I would certainly agree with them if this amounted to more than an hour or two a week, or occurred mostly during "work" hours. However, I believe it is a very worthy investment of my "free" time to explore the latest interactions of media and technology, or indeed to write this blog when I feel I have something worthwhile to say. Tom Glocer's Blog Labels: THE BLOGGING CEO, THOMSON_REUTERS, TomGlocer |



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